2023
Flag  
GDP
$2.08BCURRENT US$
Rnk 176 / 195
2013-2023
Flag
GDP GROWTH
49%CURRENT US$
Rnk 76 / 195
2023
Flag
 GDP
$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH
22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
GDP PC 
$1,503CURRENT US$
Rnk 167 / 195
2013-2023
Flag
GDP PC GROWTH
24.7%CURRENT US$
Rnk 88 / 195
2023
Flag
GDP PC
$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 103 / 195

About

Timor-Leste-Thailand Trade: In 2023, Timor-Leste exported $15.2k to Thailand. The main products that Timor-Leste exported to Thailand were Revolution Counters ($5.59k), Seats ($3.65k), and Other Furniture ($932). Over the past 5 years the exports of Timor-Leste to Thailand have decreased at an annualized rate of 45.2%, from $307k in 2018 to $15.2k in 2023.

In 2023, Timor-Leste did not export any services to Thailand.

Thailand-Timor-Leste Trade: In 2023, Thailand exported $39.7M to Timor-Leste. The main products that Thailand exported to Timor-Leste were Planes, Helicopters, and/or Spacecraft ($26M), Rice ($5.24M), and Cars ($2.93M). Over the past 5 years the exports of Thailand to Timor-Leste have increased at an annualized rate of 15.6%,  from $19.2M in 2018 to $39.7M in 2023.

In 2023, Thailand did not export any services to Timor-Leste.

Comparison In 2023,  Timor-Leste ranked 191 in total exports ($163M), and does not have data regarding Economic Complexity Index. That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Timor-Leste exported $15.2k to Thailand. The main products exported from Timor-Leste to Thailand were Revolution Counters ($5.59k), Seats ($3.65k), and Other Furniture ($932). During the last 5 years the exports of Timor-Leste to Thailand have decreased at an annualized rate of 45.2%, from $307k in 2018 to $15.2k in 2023.

In 2018, Thailand exported $39.7M to Timor-Leste. The main products exported from Thailand to Timor-Leste were Planes, Helicopters, and/or Spacecraft ($26M), Rice ($5.24M), and Cars ($2.93M). During the last 5 years the exports of Thailand to Timor-Leste have increased at an annualized rate of 15.6%, from $19.2M in 2023 to $39.7M in 2018.

Exports from Timor-Leste (Flag) to Thailand (Flag) (2023)

Exports from Thailand (Flag) to Timor-Leste (Flag) (2023)

Latest Data

Trade between Timor-Leste (Flag) and Thailand (Flag)

Thailand Exports

Market Competitiveness

Color
Timor-Leste
Top Destination
China$74.7M
Thailand
Top Destination
United States$58.5B

This map shows whether countries import more from Timor-Leste or Thailand. Each country is colored based on the difference in imports they receive from Timor-Leste and Thailand or the difference in the growth in imports.

In 2023, no countries were registered that imported more from Timor-Leste than from Thailand.

In 2023, countries that imported more from Thailand than Timor-Leste included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

Difference in imports from Thailand (Flag) and Timor-Leste (Flag) (2023)

Comparative Advantage Timor-Leste - Thailand

Flow
Scale

This chart compares trade between Timor-Leste and Thailand by product, considering products traded by both, Timor-Leste and Thailand.

During 2023, Timor-Leste had a large net trade with Thailand in the exports of Instruments ($5.59k), Miscellaneous ($5.24k), and Machines ($1.28k).

During 2018, Thailand had a large net trade with Timor-Leste in the exports of Transportation ($32M), Vegetable Products ($5.25M), and Mineral Products ($1.24M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Timor-Leste and Thailand. This means that a dot/product with the flag of Timor-Leste indicates it has a comparative advantage over Thailand. Similarly, a dot/product with the flag of Thailand indicates it has a comparative advantage over Timor-Leste.

Product Space of Timor-Leste (Flag) and Thailand (Flag) (2023)

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